The latest Global Dairy Trade (GDT) event, number 377, recorded a 1.1% increase in the price index compared to the previous auction.
With an average winning price of $4,250 per metric ton (USD/MT), the international dairy market continues to show signs of stability and a slight recovery in product values.
During the trading session, which lasted a total of 2 hours and 36 minutes, 163 bidders participated in 25 bidding rounds. Of these, 123 successfully secured products, highlighting strong competition among buyers from various markets.
In terms of volume, the total quantity sold reached 17,643 metric tons, falling within the predetermined range of a minimum supply of 16,516 tons and a maximum of 20,879 tons. This outcome indicates solid demand within the expected levels for this global auction session.
The performance of this GDT event reinforces the market’s interest in dairy products and the competitiveness among buyers. Price trends in upcoming events will depend on factors such as global supply, weather conditions in major producing regions, and demand in key markets like Asia and the Middle East.
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